5) The following accounts are taken from the December 31. Year 4 financial statements of a company Accounts Payable Accounts Receivable Selling & Administrative Expenses Cash Common Stock Dividends Income Tax Expense Interest Expense Other Expenses Notes Payable Other Assets Other Liabilities Other Operating Expenses Other Revenue Property and Equipment Retained Earnings, December 31, Year 3 Salaries and Wages Expense Supplies Service Revenue S 2.075 800 2,500 2,200 2.000 1.900 400 75 500 5,000 2,500 3,000 2.000 300 11,000 4,800 3,000 300 10,000 What is the amount of total liabilities at the end of Year? A) $9,075. B) $7,075. C) $10,075. D) $12,975. 6) Borrowing from a bank is a(n): A) Financing activity. B) Operating activity. C) Expense. D) Investing activity